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December 2026 lean hog futures fell 9.09% for the week to 53.525 cents per pound on November 6, while later contracts remained at a premium. Managed money’s combined futures-and-options net short increased by 3,383 contracts to 50,492 as of November 3.
Falling nearby futures and increased bearish fund positioning weigh on hog prices, despite the deferred-contract premium signaling expectations of firmer prices later.
fxnews.aiFXNews News DeskNov 8, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
